Energy Transition Metals / Lukas Boer, Andrea Pescatori, Martin Stuermer.

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Bibliographic Details
Online Access: Full Text (via IMF e-Library)
Main Author: Boer, Lukas
Other Authors: Pescatori, Andrea, Stuermer, Martin
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF working paper ; WP/2021/243.
Subjects:

MARC

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520 3 |a The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario analysis. Metal prices would reach historical peaks for an unprecedented, sustained period in a net-zero emissions scenario. The total value of metals production would rise more than four-fold for the period 2021 to 2040, rivaling the total value of crude oil production. Metals are a potentially important input into integrated assessments models of climate change. 
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700 1 |a Pescatori, Andrea. 
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